SEC Form 4 · accession 0001209191-18-049893
MAXIM INTEGRATED PRODUCTS INC · MXIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce E Kiddoo
Officer — SENIOR VP and CFO
Period of report
Sep 4, 2018
Accepted (ET)
Sep 6, 2018 · 5:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000743316
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Sep 4, 2018 | A | 11,252 | $0.00 | A | 61,238 | D | |
| Common StockF3 | holding | — | — | — | 40,238 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF4,F5 | $0.00 | Sep 4, 2018 | A | 18,000 | A | — | — | Common Stock | 18,000 | 18,000 | D |
Explanation of responses
- F1Represents Restricted Stock Units that vest over four quarters on February 15, 2022, May 15, 2022, August 15, 2022, and November 15, 2022, subject to the individual's continuous status as an employee through such dates but continue to vest post-employment at the Company if the Reporting Person satisfies specific eligibility requirements.
- F2Represents unvested Restricted Stock Units and Common Stock.
- F3Includes the transfer of 2,809 shares from direct holdings to indirect holdings.
- F4Represents the target number of Performance Shares that will be earned, if at all, based on the achievement of certain pre-established performance goals. Each Performance Share Unit represents a contingent right to receive one share of MXIM common stock.
- F5Vesting of the Performance Share Units will be on 8/15/2022.